KanduPay, Inc. is a start-up dynamic digital monetary platform, e-Wallet, and remittance solution that facilitates and eases the exchange of fiat & digital currencies, financial transactions, and wallet services across market channels for its platform users supporting major currencies across the globe. At KanduPay, Inc., we’re revolutionizing digital currency exchanges with our intuitive, decentralized platform powered by Tesseract technology. Enjoy real-time, secure cross-chain transactions and asset tokenization with the perfect blend of centralized and decentralized exchange benefits.
Our cutting-edge integration of Trusted Execution Environment (TEE) technology, using CPU-level Software Guard Extensions (SGX), enhances security through refundable multi-input transactions (RMIT). Built with Rust and Python coding, our versatile platform handles a wide range of fiat and cryptocurrencies, offering a user-friendly and reliable alternative for decentralized, real-time trading. Embrace the future of digital finance with KanduPay!
KanduPay is strategically launching our digital currency exchange, remittance, and e-wallet solution in Mexico and Brazil as key beachhead markets, leveraging our unique capability to process both fiat and cryptocurrencies. This positions us perfectly to cater to diverse financial needs. Brazil, along with Mexico, represents a significant opportunity, given the substantial remittance flows from the US—USD 0.9 billion to Brazil and USD 59 billion to Mexico. With 679,800 people in the US remitting to Brazil and a favorable regulatory environment for cryptocurrency exchanges, we are poised to capture growth in this promising USD 32.77 billion market.
Our initial focus will be on these high-potential remittance corridors, supported by a projected CAGR of 15% in both markets. Once we establish a strong foothold, our strategy will expand to include continental Europe, Southeast Asia, Africa and its diaspora, as well as other global markets, tapping into the vast network of unbanked and semi-banked around the world.
Additionally, KanduPay is developing a cutting-edge AI and ML predictive tool to identify promising new markets for our digital monetary platform, e-Wallet, and remittance services. By analyzing complex time-based market behavior data, remittance patterns, methods, and channel costs, this tool will pinpoint optimal markets and segments for potential entry, helping us expand our global reach and better serve our users by facilitating best practices using major fiat and digital currencies.
At KanduPay, we recognize the need for an intuitive, permissionless decentralized currency exchange platform to facilitate timely, secure, and cost-effective fund transfers, providing a modern solution for millions worldwide.